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What are Newfoundland and Labrador contributing under the Labrador Inuit Land Claims Agreement?

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What are Newfoundland and Labrador contributing under the Labrador Inuit Land Claims Agreement?

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A. Newfoundland and Labrador are providing a Labrador Inuit Settlement Area of 28,000 sq mi (72,520 sq. km). Of this, 6,100 sq mi (15,800 sq km) will be owned by the Labrador Inuit and known as Labrador Inuit Lands. In Labrador Inuit Lands, the Inuit will enjoy benefits such as 25 percent of provincial revenues from subsurface resources, exclusive harvesting rights and control of new developments. In the remaining 21,900 sq mi (56,720 sq. km) of the Labrador Inuit Settlement Area, the Inuit will receive 50 percent of the first $2 million and 5 percent thereafter of provincial revenues from subsurface resources, and priority harvesting rights. The Inuit will also receive 5 percent of provincial revenues from the Voisey’s Bay project.

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